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Future Cashflow & Rerate!!! ( cashflow projection @ 12 September 2017 ), page-32

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87 Crash

5,096 Posts.

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13/09/17

14:29

Post #: 27188193
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Originally posted by bdell ↑

Hi 87 Crash,
I spoke to CJ a couple of weeks ago and he said that the company was aiming to expand to 3 shifts per day within 6 months. At the time production was running at about 200k pa off 1 shift. He also said that they would make modifications to the existing plant to speed up throughput and also install a second plant – no time frame other than it would take 6 months to get the second plant manufactured.
He put a target of 1 million crts pa on this arrangement.

What I find very interesting however is the fact that production for the last 6 days has been seriously above this level and the 1.5m crts that you mentioned:

277,852 – 176,852)/6 = 16,888crts/day
16,888 x 23 = 388,424 crts/month
388,424 x 11.5 = 4,466,876 crts pa or 4.4m crts pa
It’s looking highly likely to me that 1.5 – 2m crts pa will be easily achievable in the future along with a share price towards $2.00.

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$2.00 is my new boat and early retirment. The question is do you have the nerve to hold that long. I am not sure i have the fuzzies

MUS Price at posting: 9.4¢ Sentiment: Buy Disclosure: Held
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